Bad News, Good News: Ford Profits Down Now, But Should Go Up Later
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AutoNews reports Ford Motor Company expects revenue and earnings to improve this year compared with 2018, even as the automaker reported a weaker-than-expected fourth-quarter profit. While the automaker declined to provide specific figures for 2019, it said operating cash flow should improve as well after dropping in 2018. The company said it expects 2018 adjusted earnings of $7 billion before interest and taxes, equal to $1.30 a share.
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